Research 2014:Global Contract Catering Market Report: 2014 Edition

The foodservice industry is broadly
segmented into two categories: self operated and contract catering. Both types
of foodservice providers are responsible for supply of food and beverage
services and a broad range of other services to their clients in a number of
end markets. Contract catering principally operates in the outsourcing
structure by a firm or by a specialized company on a contractual base. Major
organizations face increasing cost pressures and look for cost-effective
alternatives to self-administer food and support services thus demanding for
contract catering. The contract caterers have a clearly predefined clientele,
such as civil servants, workers, patients, who will have access to canteen and
deliver meals at a social price.

Based on amount of financial risks
that contract catering company bears and potential compensation, profit or
loss that it receives, the contract catering foodservice contracts usually
fall in one of the three types of contracts: Fee-based/Cost Plus, Profit &
Loss, and Fixed Price. The contract caterers offer a number of benefits to
their clients such as contract caterers can deliver more consistent, flexible
and better products, and clients do not have to worry about rising health and
safety regulatory regime.

Furthermore, the entire market is
segmented into five major end markets namely; business and industry,
healthcare and senior, education, sports and leisure, and defense, offshore
and remote. Historically, business and industry end market has accounted for
maximum revenue generation for the contract catering market. However, it is
noteworthy that the long-term growth opportunity lies in the healthcare and
education sector.

The report on the global contract
catering market also incorporates an analysis of overall global foodservice
industry. The global foodservice industry section of the report presents an
exhaustive study of the market in the four major regions namely; North
America, Europe, Japan, and Developing Regions. The foodservice industry of the
North American region generates highest revenues from the education sector
while Europe, Japan and Developing Regions represents maximum sales in the
business and industry end market. The growth of the global and regional
foodservice industry is also forecasted for the next five years.

The global contract catering
industry is subdivided into the above mentioned regions. North American
contract catering market is strongly dominated by the US while the European
market is majorly governed by France. The countries covered under North
America include the US and Canada; European region encompasses UK, France and
Germany whilst China, India and Brazil are a part of the developing region.
The contract catering market has been widely analyzed on the basis of end markets
at country level along with the forecasted turnovers of the contract catering
industry for each of the region and country under study.

The key factors driving growth of
the global contract catering industry include rising global GNI, increasing demand
for outsourced services, and accelerating demand for natural and healthier
eating options. Some of the noteworthy trends and developments of this
industry include focus on innovative ideas, changes in social and work
cultures, continuous efforts to enter new markets along with increasing demand
for home delivery and take away services. However, the growth of the industry
is being hindered by issues in training and retaining skilled manpower,
negative impacts of contract catering, and stringent directives and political
uncertainties.

The global, regional and
country-wise analysis of the foodservice industry along with an in-depth study
of the contract catering industry is presented in this report. The contract
catering industry has been analyzed on regional level covering the major
countries under each region. In addition to this, an extensive coverage of
each of the contract catering end markets has been incorporated in the study
on global, regional and country level. The report profiles the major contract
caterers along with their key business strategies.